Sustainability partner, Zeeshan Abbasi shared captivating insights on enhancing Environmental, Social, and Governance scoring through sustainable practices at the #Sustainable Supply Chain event in Riyadh. His actionable recommendations are driving ESG excellence in the region.
@RayyanGhani@Naqebi It is what a human mind would comprehend. In Quran, Allah describes Himself (in a form of Qandeel). Again it is what a human mind can comprehend and is so explained as such. Quran elucidates that these examples are for the understanding of human mind
@distracted_fox@AAHSoomro I forgot to add a point here. When USD cost PKR 285 the PKR/USD rate is 0.0035. Back in 2018 USD costed PKR 115 (PKR/USD is 0.0084). Let’s do the math:
PKR/USD (2018): 0.0084
PKR/USD (2023): 0.0035
Delta (%): 62% (I have rounded the figures so math might not add up)
@distracted_fox@AAHSoomro PKR is our home (base currency) and so we should look at it this way PKR/USD - today’s rate is 0.0035 PKR/USD. When you say PKR depreciated you should use this ratio and the not the inverse.
To summarise, appreciation is (0,100] while depreciation is [0,100). Hope this helps